Exide Technologies' Lead Brands Relisted With London Metal Exchange.

Business Editors

PRINCETON, N.J.--(BUSINESS WIRE)--April 21, 2003

Exide Technologies (OTCBB: EXDTQ), a global leader in stored electrical energy solutions, today announced that its three lead brands have been relisted by the London Metal Exchange (LME), effective April 7, 2003.

"We are pleased with the decision of the London Metal Exchange," stated Craig H. Muhlhauser, Exide's Chairman and Chief Executive Officer. "Exide's reorganization process, including implementation of its EXCELL lean supply chain initiatives, has succeeded in improving productivity, quality and reducing working capital at our six secondary lead smelting facilities."

The Company said that these initiatives allow Exide to meet its internal lead requirements, provide a reliable, high quality lead supply to external customers and provide the Company with a strategic advantage for global spot market selling through the LME in Europe and North America. A number of Exide's secondary lead production facilities are strategically located within close proximity to LME warehousing facilities. Exide is the largest secondary lead producer and recycler of lead acid batteries in North America.

About Exide Technologies:

Exide Technologies, with operations in 89 countries and fiscal 2002 net sales of approximately $2.4 billion, is one of the world's largest producers and recyclers of lead-acid batteries. The company's three global business groups -- motive power, network power and transportation -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Industrial uses include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS); and motive-power applications for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles.

Transportation applications include automotive, heavy-duty truck, agricultural and marine, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers.

Further information about Exide, its financial results and other information is available at www.exide.com.

About London Metal Exchange:

The London Metal Exchange (LME) is the world's premier non-ferrous metals market, with highly liquid contracts. The LME trades futures and options contracts in primary aluminum, aluminum alloy, copper grade A, special high grade zinc, tin, primary nickel and standard lead. It also trades traded average price contracts (TAPOs) for primary aluminum and copper grade A, aluminum alloy, standard lead, primary nickel, tin and special high grade zinc. As a result, it is highly successful, with a turnover value of some US$2,000 billion per annum. It is a major contributor to the UK's invisible earnings, responsible for more than GBP 250 million in overseas earnings each year. The London Metal Exchange Limited, which owns and operates the Exchange, is a wholly owned subsidiary of LME Holdings Limited. Any media related questions should be directed to LME's press office on +44 (0) 20 7264 5555.